ITTechnology
Colombo, Sri Lanka – Retail IT (Pvt) Ltd, Sri Lanka’s leading retail technology solutions provider, reaffirmed its market leadership by hosting ‘Retail Technology Trends 2025’ on the 29th of January 2025 at Waters Edge. The event brought together over 150 retail professionals representing the hospitality sector such as hotels and restaurants together with clothing stores, supermarkets, and bookstores, offering a deep dive into the latest innovations set to transform the retail landscape. Attendees gained valuable insights into Retail IT’s legacy of innovation, customer-centric solutions, and strategic partnerships that continue to drive the industry forward.
A key highlight of the event was the celebration of Retail IT’s partnership with Posiflex, the world’s leading manufacturer of point-of-sale (POS) devices. For over 15 years, this collaboration has delivered robust, high-performance POS solutions tailored to the Sri Lankan market. With Posiflex’s renowned reliability and Retail IT’s exceptional service, their solutions continue to set the industry standard. Posiflex’s reputation for reliability, combined with Retail IT’s unmatched service and support, has made their services the preferred choice for businesses of all sizes.
Discussing the significance of the partnership, Mr. Savio Fonseka – Head of Business Development at Retail IT stated, “Retailers today demand more than just technology, they need solutions that integrate seamlessly into their operations and enhance efficiency to drive measurable success. At Retail IT, we go beyond infrastructure to empower businesses with end-to-end solutions which supports them in thriving within an increasingly digital landscape. Posiflex has been a trusted ally in this journey, and we are excited to strengthen this partnership in the years to come.”
Retail Technology Trends 2025 also featured thought-provoking keynote sessions delivered by industry leaders who explored how technology is shaping the retail sector. The speakers included, Mr. Chandima Wickramatunge – CEO of Retail IT, Mr. Nalaka Umagiliya – Senior Vice President at John Keells Holdings & COO of Group Information Technology, Mr. Ruwan Perera – Managing Director of Retail Consultancy Services and Mr. Thilak Piyadigama – Executive Chairman of WebXPay.
The event also featured an interactive exhibition giving participants a hands-on look at the latest advancements in POS technology. Among the innovations on display were Posiflex’s high-performance POS systems, Kiosks and Retail IT’s own ReTech POS devices.
Driven by its dedication to innovation and excellence, Retail IT continues to lead Sri Lanka’s retail technology sector. As businesses adapt to a digital-first future, the company remains a dependable partner, providing advanced solutions and steadfast support to empower retailers and drive their success.
